The KOSPI index has dropped over 1% in early trading due to foreign selling. Meanwhile, the KOSDAQ is showing mixed movements with fluctuations between gains and losses.
As of 9:09 a.m. on May 19, the KOSPI was trading at 7,398.29, down 117.75 points (1.57%) from the previous trading day. The index opened at 7,425.66, down 90.38 points (1.20%), and continued to decline.
Individual investors have purchased a net 658.5 billion won worth of stocks, while foreign investors have sold a net 704.4 billion won. Institutional investors have bought a net 40.8 billion won.
Most of the top market capitalization stocks are experiencing declines. Samsung Electronics is down 2.76%, SK Hynix is down 1.90%, SK Square is down 2.84%, Hyundai Motor is down 4.52%, LG Energy Solution is down 0.61%, Samsung Electro-Mechanics is down 3.10%, Doosan Enerbility is down 1.25%, and Samsung Biologics is down 0.79%. In contrast, Hanwha Aerospace has risen 6.03%, and HD Hyundai Heavy Industries is up 0.49%.
At the same time, the KOSDAQ is trading at 1,116.09, up 5.00 points (0.45%) from the previous trading day. The index opened at 1,111.36, up 0.27 points (0.02%).
Individual investors have net purchased 24.3 billion won worth of stocks, while institutions and foreign investors have net sold 17 billion won and 11.2 billion won worth of stocks, respectively.
Among the top KOSDAQ stocks, gainers are prevailing. Alteogen is up 7.55%, EcoPro BM is up 1.79%, EcoPro is up 0.63%, Kolon TissueGene is up 3.04%, Samchundang Pharm is up 4.55%, JUSUNG Engineering is up 7.74%, HLB is up 2.39%, and ABLE Bio is up 3.12%. Conversely, Rainbow Robotics is down 4.16%, and Rino Industry is down 0.59%.
* This article has been translated by AI.
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